7 Secrets Vector Marketing Scam Didn't Tell You
So was Vector Marketing Really A Scam? So, after 90 agonizing restless minutes with the head of the local Vector Marketing branch, I learned that there were some VERY interesting facts about this company that weren't shared with me before the interview. Vector Marketing Secret #1 - When I first seen their advertisement on Snagajob.com I thought what any other person would think, that they were a regular company looking to hire regular employees. However, Vector Marketing is a marketing company for CUTCO knives/kitchen ware. To put it simply, they market and sell culinary untentials. What does that mean? Vector Marketing Secret #2 - As I mentioned my first impression of vector online was that they are looking to hire regular employees. In fact, since they are a marketing company for CUTCO, they're looking to bring on independent reps to market and sell their products for them. Now, you may or may not be familiar with the above terminology, but just in case your not "independent reps" (or representatives) are usually persons who join a company as an independent distributor, purchase an portion of the companies inventory and distribute and market the companies product by means of talking to people you know locally i.e. (friends and/or family) Vector Marketing Secret #3 - One of the questions that probably went through your mind is "I wonder how much the pay is"? That's a good question. Vector has what they call a guaranteed base pay and incentive payment plan. That means that you don't get paid by the hour, nor do you get paid off of commissions, nor do you get paid by salary; you get paid on a per appointment basis. So let's look at it like this, Vector Marketing pays $13/per appointment that you set up + incentives if you make a sale. Now let me stop right here for a second. To understand the way Vector pays their representatives you need to understand the way vector's business model is set up. Vector Marketing Secret #4 - Remember before I said that in order to make money with their company you have to first be accepted. Vector Marketing is what you would call a network marketing company. In order to join or be accepted to any network marketing company you have to first purchase some product from the company or get a auto ship. For example: If you were to pass the interview and be asked to come abroad with Vector, you'd have to first go through 3 days of unpaid training (remember this is information that was revealed to me in that 90 min interview). On the third day of the interview you would be required to pay $144 deposit on a demonstration kit.